Directorate change

WINKING STUDIOS LIMITED

(Company Registration No. 159882)

(Incorporated in the Cayman Islands)

3 November 2026

Appointment of Non-Executive Director

Winking Studios Limited (AIM / SGX:WKS), ("Winking Studios" or the "Company") one of the leading global AAA game art outsourcing studios and an established game development company, is pleased to announce the appointment of Mr. Hsu Ting-Yang (James) as a Non-Executive Director of the Company with effect from 3 November 2026.

Mr. Hsu has more than 20 years of experience in the technology and gaming industries. His background spans across marketing, product management, channel management, business development and corporate strategy.

Mr. Hsu began his career leading marketing at a technology startup, then held product and channel management roles at a leading international IT brand. He joined Acer Group in 2009 and went on to hold senior leadership positions. In those roles, he oversaw markets across EMEA, Asia and the Americas and drove Acer Group's business development initiatives. He later served as Assistant to Acer's Chairman and CEO, where he advised on strategic initiatives and helped shape Acer Group's dual transformation strategy.

In 2020, Mr. Hsu incubated and founded Acer Gaming Inc., a subsidiary of Acer Group, and has served as its President since its inception. Under his leadership, Acer Gaming Inc. secured exclusive PlayStation distribution rights in Taiwan and expanded its operations into other markets across Asia. He also broadened the company's portfolio through partnerships with leading gaming peripheral brands and led Acer Gaming Inc. through its initial public offering ("IPO") on the Taiwan Stock Exchange in 2026.

Acer Gaming Inc is a 56.99% shareholder in Winking Studios and a subsidiary of Acer Incorporated, a 63.71% shareholder in Winking Studios.

Mr. Johnny Jan, Executive Director and Chief Executive Officer of Winking Studios, commented:

"We are delighted to welcome Mr. Hsu to the Board. His over 20 years of experience in business development, corporate strategy and international market expansion across the technology and gaming industries, will be invaluable as the Group pursues its next phase of growth.

"We believe that his in-depth knowledge in incubating and scaling Acer Gaming, forging strategic partnerships and leading the company through its IPO will bring fresh perspectives to the Board and strengthen our ability to identify new opportunities, expand market presence and create long-term shareholder value."

Further information regarding Mr. Hsu's appointment is available in the Company's corresponding SGX announcement: https://investor.winkingworks.com/frontend/web/misc/ned_appointment2026nov.pdf

BY ORDER OF THE BOARD

MR. JOHNNY JAN

Executive Director and Chief Executive Officer (Founder)

Enquiries

Additional Information:

In accordance with Schedule 2(g) of the AIM Rules for Companies, Mr. Hsu Ting‑Yang (James) (aged 48) has been within the previous five years, a director or partner of the following companies or partnerships:

Mr. Hsu holds 125,000 ordinary shares in the Company.

There is no further information to be disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies.

About Winking Studios Limited (AIM and SGX: WKS)

Headquartered in Singapore and dual-listed on the London Stock Exchange and Singapore Exchange (Trading Code: WKS), Winking Studios Limited is one of the world's largest AAA game art outsourcing studios and an established game development company.

With over 25 years of experience and established track record, the Group provides end-to-end art outsourcing, game development services and other gaming services across various platforms for the global gaming industry via three business segments of Art Outsourcing, Game Development and Global Publishing & Other Services.

The Group has 14 studios across Taipei, Nanjing, Suzhou, Dalian, Tianjin, Shanghai, Quebec and Kuala Lumpur with over 1,400 highly skilled employees serving a global customer base that includes 22 of the top 25 game publishers in the world.

For more information, please visit www.winkingworks.com

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, [email protected].

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.